There are many companies who have been operating in the industry for a long time but they have never gone through an audit. Similarly, the companies who are about to go public; should...
Posted by BHATIA & CO, INC, CPAs on 10/30/2015
Rental income An owner of a rental property is eligible for tax deduction from the earnings of gross rent provided the owner makes the following expenses in the current fiscal year....
Posted by ERNIE BUSTAMANTE on 10/30/2015
While it is always a nice idea to file for extensions immediately, there can also be times when you may require some more time. Perhaps you moved and you did not get time to organize...
Posted by ERNIE BUSTAMANTE on 10/30/2015
Forensic auditing is just like forensic criminology. The way forensic experts visualize the crime scene by analyzing bullets and blood, a certified forensic auditor analyses the financial...
Posted by Cheryl Panattoni Forensic Accounting and Tax Inc on 10/30/2015
A forensic accountant is nothing short of a detective, as he or she solves white-collar crimes in companies. These sleuths use their knowledge of the financial world to solve cases...
Posted by Cheryl Panattoni Forensic Accounting and Tax Inc on 10/30/2015
Bases for asserting jurisdictions Who to tax? What income to tax? Personal relationship between a taxpayer and the country This concept also applies to corporations and other type...
Posted by The Accounting and Tax on 10/13/2015
Cash Flow – Making Projections Cash from line items consists of depreciation schedule, working capital schedule or debt schedule. We must complete depreciation and working capital...
Posted by The Accounting and Tax on 08/06/2015
Canadian citizens working in the United States are usually not sure if they should be filing taxes in Canada. According to CRA if someone is not considered to be a resident of Canada...
Posted by The Accounting and Tax on 05/28/2015
Gross income comes from following categories of income: Interest, Dividends, Personal Services, Rentals, Royalties, Gains from disposition of property. Leasing generates rental income....
Posted by The Accounting and Tax on 03/05/2015
